
\begin{table}
\begin{center}
\begin{tabular}{l c c c c}
\hline
 & Enf. & Enf. & N. Enf. & N. Enf. \\
\hline
Firm Party          & $-1.114$     & $-1.378$      & $-1.337$     & $-1.504$      \\
                    & $(1.304)$    & $(1.593)$     & $(1.048)$    & $(1.283)$     \\
Alignment           & $-0.777^{*}$ & $-0.936^{**}$ & $-0.507^{*}$ & $-0.817^{**}$ \\
                    & $(0.309)$    & $(0.350)$     & $(0.244)$    & $(0.267)$     \\
Recent Class Action &              & $0.115$       &              & $-0.161$      \\
                    &              & $(0.404)$     &              & $(0.318)$     \\
Recent Restatement  &              & $-2.577^{*}$  &              & $-2.159^{+}$  \\
                    &              & $(1.298)$     &              & $(1.103)$     \\
\hline
Firm FE             & \checkmark   & \checkmark    & \checkmark   & \checkmark    \\
Year FE             & \checkmark   & \checkmark    & \checkmark   & \checkmark    \\
Political Controls  & \checkmark   & \checkmark    & \checkmark   & \checkmark    \\
Financial Controls  &              & \checkmark    &              & \checkmark    \\
Num. obs.           & $1969$       & $1626$        & $1972$       & $1629$        \\
Num. groups: gvkey  & $192$        & $165$         & $194$        & $167$         \\
Num. groups: year   & $12$         & $12$          & $12$         & $12$          \\
Deviance            & $1380.692$   & $1115.201$    & $1015.509$   & $818.585$     \\
Log Likelihood      & $-690.346$   & $-557.601$    & $-824.613$   & $-643.479$    \\
Pseudo R$^2$        & $-0.078$     & $-0.161$      & $-0.020$     & $-0.101$      \\
\hline
\multicolumn{5}{l}{\scriptsize{$^{***}p<0.001$; $^{**}p<0.01$; $^{*}p<0.05$; $^{+}p<0.1$}}
\end{tabular}
\caption{Statistical models}
\label{table:coefficients}
\end{center}
\end{table}
